Dr. Skilling s Case - 769 Words

I think he is very smart as he said in the interview for matriculation at Harvard University, â€Å"I’m fucking smart,† but his intention and attitude was too much wicked towards people who he bankrupted as a leader of a company. The neuropsychologist Ian Robertson at Trinity College, Dublin (2012), used Jeff Skilling’s case when he demonstrated the critical sample of addiction to power on his book. Professor Robertson described that testosterone is strongly boosted up after many leaders have experience of victory and power. Some are apt to be addicted to power if they continue to experience it. This status quo is called a winner effect. Mr. Skilling had a reputation for being arrogant and laid off the bottom 10 percentages of executives and staff members whose business results he evaluated. Moreover, he had ever shown even his middle finger to workers who lined up in the parking lot because of him, passing by them. He had sold his shares of Enron three years bef ore Enron filed for bankruptcy protection. How wicked he is. When the professor researched on Jeff Skilling with a question of what he was when he was young, he found out that ironically, Mr. Skilling’s friends at Harvard remembered him as being common and nice. Mr. Robertson described that power is a necessary evil for a leader, but Mr. Skilling spoiled himself with addiction of power. As a result, Mr. Skilling was one of the worst leaders. He was brilliant and charismatic but snobbish, self-righteous and immoral. HisShow MoreRelatedJit Management2938 Words   |  12 PagesJust-In-Time inventory system, which operates on only 6 days of inventory. Dell is able to achieve greater profit margins and increased profits because of their inventory system. Stock levels and labour expenses are the highest costs to the firm and s by using Just-In-Time Production they can help minimalize these costs to the fullest. 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ACC/290 Financial Accounting Free Essays

Course: ACC/290 Financial Accounting, Fifth Edition by Kimmel, Weygandt, and Kieso Solving Financial Accounting Problems Using Microsoft Excel for Windows by Rex A Schildhouse P3-7B, Prepare a correct trial balance. This trial balance of Schumaker Company does not balance. SCHUMAKER COMPANY Trial Balance May 31, 2010 Debit Cash $6,340 Accounts Receivable Prepaid Insurance 700 Equipment 8,000 Accounts Payable Property Taxes Payable 750 Common Stock Retained Earnings Service Revenue 7,690 Salaries Expense 4,200 Advertising Expense Property Tax Expense 900 $28,580 Credit $2,750 4,100 5,700 6,000 1,100 $19,650 Your review of the ledger reveals that each account has a normal balance. We will write a custom essay sample on ACC/290 Financial Accounting or any similar topic only for you Order Now You also discover the following errors. 1. The totals of the debit sides of Prepaid Insurance, Accounts Payable, and Property Tax Expense were each understated $100 2. Transposition errors were made in Accounts Receivable and Service Revenue. Based on postings made, the correct balances were $2,570 $7,960 , respectively. and 3. A debit posting to Salaries Expense of $400 as omitted. 4. An $800 cash dividend was debited to Common Stock for $800 and credited to Cash for $800 $350 purchase of supplies on account was debited to Equipment for $350 5. A and credited to Cash for $350 $450 for advertising was debited to Advertising Expense for $45 6. A cash payment of and credited to Cash for $45 7. A collection from a customer for $240 was debited to Cash for $240 and credited to Accounts Payable for $240 Instructions: Prepare the correct trial balance, assuming all accounts have normal balances. Note: The chart of accounts also includes the following: Dividends and Supplies. ) Cash Accoun ts Receivable Prepaid Insurance Equipment Supplies Accounts Payable Property Taxes Payable Common Stock Dividends Retained Earnings Service Revenue Salaries Expense Advertising Expense Property Tax Expense SCHUMAKER COMPANY Trial Balance May 31, 2010 Debit Credit $6,285 $2,330 800 7,650 350 4,110 750 6,500 800 6,000 7,960 4,600 1,505 1,000 $25,320 $25,320 Week+2+Group+Work(1). xls, Page 1 of 1, 11/19/20121:18 PM How to cite ACC/290 Financial Accounting, Essay examples

Holiday On Mackinaw Island Analysis Essay Example For Students

Holiday On Mackinaw Island Analysis Essay Audience: Vacation Takers, Recommended for Over 20 Years OldAlthough Mackinaw Island is very small, it is very beautiful and has lots of exciting activities, such as bicycling, horseback riding, buggy riding, and fudge shopping. Mackinaw Island is located in the upper part of Michigan between Lake Huron, Lake Michigan and Lake Superior. It makes a perfect place for a quick getaway. The tourist season runs from mid-May to mid-October. The Island, being only 8.2 miles around, looks like a small old-fashioned town. Mackinaw Island is usually packed with people making the main road look narrow. Often fifty bicycles or more are parked on both sides of the road every 300 feet. People are walking in every direction. Horses walk on the right side of the street and horse buggies wait to pick up passengers. The place looks very congested and it doesnt look like an enjoyable vacation spot but a little farther away from the downtown area peace and beauty exists. Mackinaw Island has beautiful scenery. One unique place, the Arch Rock, looks very neat. It towers above the tourists. The rock has a huge round hole carved in it making it resemble like a donut hole. It is about fifteen to twenty feet in diameter. Through the hole, tourists can only see the bicycle path and Lake View. The lake has clear blue water. One of the other attractive places it has is the butterfly house. Hundreds of butterflies fly around the house. When they get tired, they sit on one of the wire fences. They are in every size and color. Some of them look like ladybugs and others look like zebras with black and white stripes. Mackinaw Island has lots of activities to do from riding bicycles to horse carriage tours. Motorized vehicles are not allowed on the Island. One of the exciting activities the Island has is the bicycle riding, which is different from other bicycle rides because it is around the shoreline. The bicycle path is seven miles around the shoreline road. The path is very peaceful, unlike the Islands downtown area. Signs on brown boards on the left side of the road describe the next upcoming scenery. Wherever there is scenery to view there is a special parking place for the bicycles. When tourists get tired while riding bicycles they can just pull over on the side and sit along the lake and enjoy the sun and the Lake View. Horseback riding is very exciting and fun. They have different size horses ranging from small to big. The horse owners are very friendly. They help visitors pick out a horse based on your previous experience riding horses. The horses are healthy looking. The horses are well trained; for example they know which path to follow. They walk in a row and only on the right side of the road behind one another. Once the horse reaches designated spot in the forest they start running faster. The green trees make the forest look naturally beautiful. The horses make the ride very exciting by taking the tourists in the forest. Another interesting activity Mackinaw Island has to offer is the horse carriage tour. First the carriage takes the tourists to horse stables where they can observe horses daily activities. Interesting facts about the horses in carriages are that they are raised together, so they get along very well, and work as a team. Then the carriage tour stops at a famous fudge stop name Blacksmith Shop. It stops there for few minutes to fudge shop. The horse buggies also make a stop to see unique houses and beautiful gardens. The houses are well designed and gardens are decorated with many different types of flowers. .ud76d3b79ee6013b9c01a64aac7ee0059 , .ud76d3b79ee6013b9c01a64aac7ee0059 .postImageUrl , .ud76d3b79ee6013b9c01a64aac7ee0059 .centered-text-area { min-height: 80px; position: relative; } .ud76d3b79ee6013b9c01a64aac7ee0059 , .ud76d3b79ee6013b9c01a64aac7ee0059:hover , .ud76d3b79ee6013b9c01a64aac7ee0059:visited , .ud76d3b79ee6013b9c01a64aac7ee0059:active { border:0!important; } .ud76d3b79ee6013b9c01a64aac7ee0059 .clearfix:after { content: ""; display: table; clear: both; } .ud76d3b79ee6013b9c01a64aac7ee0059 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .ud76d3b79ee6013b9c01a64aac7ee0059:active , .ud76d3b79ee6013b9c01a64aac7ee0059:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .ud76d3b79ee6013b9c01a64aac7ee0059 .centered-text-area { width: 100%; position: relative ; } .ud76d3b79ee6013b9c01a64aac7ee0059 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .ud76d3b79ee6013b9c01a64aac7ee0059 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .ud76d3b79ee6013b9c01a64aac7ee0059 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .ud76d3b79ee6013b9c01a64aac7ee0059:hover .ctaButton { background-color: #34495E!important; } .ud76d3b79ee6013b9c01a64aac7ee0059 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .ud76d3b79ee6013b9c01a64aac7ee0059 .ud76d3b79ee6013b9c01a64aac7ee0059-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .ud76d3b79ee6013b9c01a64aac7ee0059:after { content: ""; display: block; clear: both; } READ: National Economy EssayMackinaw Island has a wonderful chocolate cooking smell in the air. There are many fudge shops. In Mackinaw Island most of the shops are filled with fudge. The fudge shops have varieties of fudges, Vanilla, Chocolate, Strawberry, Cherry and more. The fudge is sold at reasonably priced. Finally, I think Mackinaw Island is small but an attractive place to visit. It has many wonderful activities such as bicycling, horseback riding, horse carriage tour and fudge shopping. At first the Island looks very crowded but